New Mexico Statutes

§ 3-66-3 — Definitions

New Mexico·Ch. 3 Municipalities·Art. 66 Municipal Event Center Funding
As used in the Municipal Event Center Funding Act: A. "bonds" means revenue bonds issued by a municipality to pay for some or all of the costs of acquiring land for and designing, purchasing, constructing, remodeling, rehabilitating, renovating, improving, equipping and furnishing a municipal event center; B. "chief executive officer" means the mayor or chief administrative officer of a municipality when designated in writing by the mayor to perform duties required by the Municipal Event Center Funding Act; C. "debt service payments" means rentals, receipts, fees or other charges paid to a municipality for the rights to use, operate or manage a municipal event center by any person, corporation or other entity; D. "event center revenues" means rentals, receipts, fees or other charges impose

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Legislative History

Laws 2005, ch. 351, § 5.

Nearby Sections

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